All news – Page 988
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NewsWet-lease operator EuroAtlantic to take 787s
Portuguese wet-lease specialist EuroAtlantic Airways has signed for a pair of Boeing 787-8s, becoming the first operator of the type in the country. The carrier is taking the twinjets from AerCap, the leasing firm states. It says the two used aircraft will be delivered to EuroAtlantic in the spring of ...
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NewsStartled 747 excursion crew delayed cutting power after engine stall
Dutch investigators have concluded that a Boeing 747-400ERF crew was startled by an engine compressor stall during the take-off roll, and consequently failed to reduce thrust in time to prevent a runway excursion. The Turkish-registered MyCargo Airlines aircraft had been operating from Maastricht, bound for Jeddah, on behalf of Saudia ...
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NewsIAG not seeking state aid as Virgin appeals for government credit
IAG has not approached governments for state aid to assist the company through the coronavirus crisis, chief executive Willie Walsh has disclosed. Speaking during a 16 March briefing, Walsh said the company had not followed other individual carriers in seeking financial assistance from governments. “Governments would expect airlines to look ...
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NewsEasyJet may ground ‘majority’ of fleet
EasyJet has warned that the impact of the coronavirus may force it to ground “the majority” of its fleet and threatens the viability of the aviation industry in Europe.
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NewsRyanair may cancel entire April-May schedule
Ryanair expects to park the majority of its fleet over the next week to 10 days as the impact of the coronavirus escalates, and could suspend all of its services for April and May.
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NewsIAG looks at recruiting passenger jets to serve critical freight lines
IAG is considering recruiting some of its passenger aircraft for air freight operations, to ensure that essential cargo supplies are maintained as the coronavirus crisis persists. Chief executive Willie Walsh, speaking during a 16 March briefing, said that governments “need to appreciate” that there is a strong cargo demand, and ...
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NewsIAG to accelerate retirement of older BA and Iberia aircraft
British Airways and Iberia parent IAG is considering accelerating the retirement of older aircraft in the fleet – including some Boeing 747-400s and Airbus A340-600s – as part of the capacity-reduction measures being introduced to deal with the coronavirus outbreak. Speaking during a 16 March briefing, IAG chief executive Willie ...
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NewsTUI seeks state guarantees as travel market collapses
Leisure group TUI is applying for state-aid guarantees to support its business until it can restore normal operations, after suspending most of its travel operations. TUI says it is halting the “vast majority” of its package travel, cruise and hotel activities to assist with the efforts to counter the coronavirus ...
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NewsAir France A380s and KLM 747s grounded amid major capacity cuts
Air France is to ground its Airbus A380s and its Dutch sibling carrier KLM its full Boeing 747 fleet as part of wider capacity cuts the group expects will result in in potential cuts in its ASK capacity of between 70% and 90%.
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NewsIAG delays management changes as it braces for 75% capacity cut
British Airways and Iberia parent IAG’s management team is to remain in place for the time being, to help steer the company through the coronavirus crisis, as it prepares to cut capacity by 75% for April and May. IAG chief Willie Walsh is delaying his retirement, and his successor – ...
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NewsFinnair to slash 90% of capacity as it warns of heavy losses
Finnair has followed neighbouring Nordic carrier SAS in making dramatic operational cuts, slashing 90% of its normal capacity from the beginning of April. The Finnish flag-carrier says the cuts – in response to a substantial fall in demand following the coronavirus outbreak – will be maintained “until the situation improves”, ...
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NewsAC-130W demonstrates maritime attack role
The US military has demonstrated the use of a Lockheed Martin AC-130W Stinger II gunship in a new naval support role. The work took place from 8-9 March in the Arabian Gulf and involved AC-130Ws, a Boeing P-8A Poseidon, and a US Navy Cyclone class patrol vessel, says the US ...
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NewsIcelandair expects 25% cut in summer capacity
Icelandair Group is expecting a summer season capacity cut of at least 25% on the previous forecasts, and is working with unions to secure salary reductions. The airline operates a business model based on transatlantic connections via Reykjavik, and has been hit by US-European travel restrictions linked to the coronavirus ...
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NewsKorean Air utilises passenger aircraft and routes for cargo
Korean Air is using passenger aircraft as freighters on suspended routes, as it seeks “new opportunities in the market amid unpredictable changes such as suspensions of flights and the US’ restrictions on European countries”. On 13 March, the flag carrier transported emergency supplies and agricultural products from South Korea to ...
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NewsVietnam Airlines to take major precautions on European services
Vietnam Airlines has decided it will carry passengers from Europe, but will take significant precautions amid the global coronavirus outbreak. Passenger services from London, Paris, and Frankfurt are part of what the carrier says is an effort “to uphold its national responsibilities.” Source: Vietnam Airlines A Vietnam Airlines ...
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NewsAir NZ triggers trading halt, readies for redundancies
Air New Zealand has triggered a self-imposed trading halt from Monday to allow itself “more time to more fully assess the operational and financial impacts of global travel restrictions”. It does not state when this will be lifted. The airline says in the same statement: “As a result of the ...
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NewsAsia-Pacific carriers prioritise urgent customer queries
Carriers inundated with queries in recent days are appealing for customers to reach out only for urgent flight changes. Singapore Airlines (SIA) and Air New Zealand (Air NZ) stated over the weekend that they have received a high volume of customer enquiries across channels and as a result, both carriers ...
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NewsAir India seeks government-guaranteed short-term loan
Air India is inviting bids for government-guaranteed loans totalling INR4.22 billion ($57.1 million). A tender document on the flag carrier’s website states that the loan tenor will be up to one year, and the full amount will be drawn by 24 March. The carrier asks that banks submit their bids ...
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NewsUnited grounds half its total capacity in response to coronavirus
United Airlines will reduce capacity by half in April and May and has cut executive officers’ salaries 50% in response to a pandemic United’s executives say makes operating an airline “nearly impossible”.
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In depthPost-Brexit UK ‘needs global space strategy’
As Britain loosens its ties with Europe, it will find itself having to protect the space-reliant aspects of its national security and economic interests in a world characterised by an accelerating US-China space race